Value of imports of goods
The country’s balance of trade is Rs.500 crores. The value of exports of goods is Rs. 650 crores. What is the value of imports of goods?
Expert
Balance of trade = Value of exports – Value of imports
500 = 650 - value of imports
Value of imports = 650 - 500 = Rs. 150 crores.
How Bank rates control the credit? Answer: Bank rate is the rate of interest at which the Central bank lends to Commercial banks. By increasing the bank rate centra
Hello guys I want your advice. Please suggest your answer for following economics problems. Macroeconomic policy matters focus upon: (w) price determination within specific markets. (x) conduct and structure of mar
In saying that the present system of floating exchange rates is managed we mean that: IMF officials determine exchange rates on a day-to-day basis. countries that allow their exchange rate to move freely will lose their borrowing privileges with the IMF. the value of any IMF member's currency
"The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
the most frequently asked question on foreign direct invetment
The consumer reaches equilibrium for any two goods X and Y whenever the: (1) MUx/Px = MUy/Py. (2) MUx/MUy = Py/Px. (3) Utility from X equivalents the utility produced by Y. (4) Point of diminishing returns is arrived at. Can someon
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
What are the Steps to analyze modifications in equilibrium?
Whenever longer periods are considered and hence bigger ranges of adjustments (that is, substitutions) become probable, demand curves tend to become: (i) Flatter, and therefore do supply curves. (ii) Flatter, as supply curves become steeper. (iii) Ste
Hello. I need help with my assignment, I was sick and lost alot of time.My submission deadline is tomorrow i need your help i have attached the questions Thanks in advance
18,76,764
1934426 Asked
3,689
Active Tutors
1445728
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!